The automaker expects to take $1.9 billion in related special charges and write-downs as automakers continue adjusting their EV plans because of softer-than-expected demand.
Related Posts
At Tesla, Musk Taps Close Confidant for Top Executive Role
Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under […]
Midea Moves Ahead With Hong Kong’s Likely Biggest Listing This Year
Chinese appliance maker Midea Group has started taking orders from investors for an initial public offering to raise up to US$3.46 billion in Hong Kong.
Allianz Grows in Asia With Singapore Buy
Allianz is buying a 51% stake in Singapore insurance company Income Insurance for $1.6 billion as it expands in the region.